VandeWater & Associates Licensed Real Estate Brokerage

Adirondacks Old Forge Area Summer Land Sale

***NEW *** NEW *** NEW

40 Acres with a 17 Acre Private Meadow Bordering Large Tract Of State Land Complete With A Small Brook.  Borders Main Corridor Snowmobile Trail Only $69,900 

For more information call 315-348-8884 www.vandewaterland.com


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What is a 1031

Section 1031 of the Internal Revenue Code provides that no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business, or for investment.  A tax deferred exchange is a method by which a property owner trades one or more relinquished properties for one or more replacement properties of like-kind, while deferring the payment of federal income taxes and some state taxes on the transaction.

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